Anchored Retail Shopping
101 W 3rd St Donalsonville, GA 39845
New
101 W 3rd St, Donalsonville, GA, 39845
$1,970,000
For Sale
$1,970,000
Retail center anchored by Tractor Supply, with Napa Auto Parts and a 7,500 SF vacancy adjacent to Napa.
Property Size35,800 SF
Price / SF$55.03
Days on Market6
Property Features for 101 W 3rd St
General Information
- Standard status
- Active
- Size
- 35,800 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1962
Listing agency
Atlanta Office
(678) 808-2746
Listed by
Eric Abbott · License #License(s): GA: 407938
(678) 808-2746
Source
Marcusmillichap
Added: Jul 17 Updated: Jul 22 at 7:45AM Checked: Jul 22 at 7:45AM
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Investment Insights
Based on property information with market context.
The Tractor Supply Center is a 35,800 SF retail property in Donalsonville, GA, comprised of national tenants and anchored by Tractor Supply Co. Tractor Supply occupies approximately 61% of the center, and the center’s tenant mix is described as 79% national. Napa Auto Parts is the supplemental anchor, having operated at the center since 2015.
Tractor Supply Co, which is noted as having an S&P investment-grade credit rating of BBB, signed a new 10-year lease in 2024 with 8 years remaining. The remarks also state that Tractor Supply’s lease includes rent increases in its initial term and options. NAPA Auto Parts has been in place since 2015, and the property notes NAPA’s performance rankings within its competitive set.
The offering includes a 7,500 SF vacancy adjacent to Napa Auto Parts. The presentation indicates leasing this space at $5 PSF NNN would increase NOI by $46,153, representing a 34% increase in NOI. The remarks further state the center is priced well below replacement cost at $53 PSF and cite a list price of $1,970,000 for the investment-level scenario.
Tractor Supply Co, which is noted as having an S&P investment-grade credit rating of BBB, signed a new 10-year lease in 2024 with 8 years remaining. The remarks also state that Tractor Supply’s lease includes rent increases in its initial term and options. NAPA Auto Parts has been in place since 2015, and the property notes NAPA’s performance rankings within its competitive set.
The offering includes a 7,500 SF vacancy adjacent to Napa Auto Parts. The presentation indicates leasing this space at $5 PSF NNN would increase NOI by $46,153, representing a 34% increase in NOI. The remarks further state the center is priced well below replacement cost at $53 PSF and cite a list price of $1,970,000 for the investment-level scenario.
Key Highlights
- 35,800 SF retail center in Donalsonville, GA anchored by Tractor Supply Co and supplemented by Napa Auto Parts
- Tractor Supply occupies about 61% of the center and makes up 86% of current income
- Tractor Supply signed a new 10‑year lease in 2024 with 8 years remaining; lease includes rent increases in the initial term and options
Property Analytics
Location Intelligence
Current Use by Public Records
Tractor Supply Co.
Pet Store & Service
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Retail center anchored by Tractor Supply, with Napa Auto Parts and a 7,500 SF vacancy adjacent to Napa.
Where is this strip mall located?
The property is located at 101 W 3rd St Donalsonville, GA.
What is the asking price?
The asking price for this property is $1,970,000.
What are key features of this property?
This property features: 35,800 SF retail center in Donalsonville, GA anchored by Tractor Supply Co and supplemented by Napa Auto Parts; Tractor Supply occupies about 61% of the center and makes up 86% of current income; Tractor Supply signed a new 10‑year lease in 2024 with 8 years remaining; lease includes rent increases in the initial term and options
